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Opening a new currency account
François Cosnier avatar
Written by François Cosnier
Updated over a month ago

Opening a new currency account can be done on Accounts > Add a new account.

You can add accounts in over 30 different currencies to manage your financial operations more effectively.

Account management

  • Multiple accounts: You can have multiple accounts in the same currency for specific purposes, such as:

    • One account for receivables and another for expenses.

    • Separate accounts for different departments, such as a purchasing department account for paying suppliers and an HR department account for paying salaries.

Activation process

  • New currency accounts: To open an account in a new currency, you need to have a quick call with your account manager to assess your needs before activation.

  • Existing currency accounts: If you need an additional account in a currency you already have, it will be activated automatically and available immediately.

Fees


All iBanFirst accounts are free of charge, making it easy to manage your finances without worrying about additional costs.

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